Susan Electricals India
· SME · BSE
Price Band
₹120–127
Lot Size
1000 shares
Issue Size
₹70 Cr
Min. Investment
₹1,27,000
Grey Market Premium
Indicative, updates through the day
Estimated listing price: ₹127
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About Susan Electricals India
Incorporated in 2007, Susan Electricals India Ltd. is engaged in the manufacturing of aluminium and copper-based electrical winding wires, conductors, and power cables in various specifications, sizes, and configurations. The company’s product portfolio includes winding wires and strips used in transformers, motors, alternators, coils, and other electrical equipment, as well as aluminium stranded conductors used in overhead power distribution networks. The company also manufactures power cables, including low tension (LT) cables such as PVC and XLPE insulated cables (up to 1.1 kV), including Low Tension Aerial Bunched (LT AB) cables, and high tension (HT) cables used in higher-grade power distribution systems. Its customers primarily include state-owned electricity distribution utilities (DISCOMs), infrastructure and EPC companies, and businesses operating in the electrical wires, cables, and conductors segment. In addition to manufacturing activities, the company undertakes trading of aluminium wires and rods used as key raw materials and also provides job work services related to the processing of winding wires and strips. The company operates three manufacturing facilities in Ghaziabad, Uttar Pradesh, located at Site-IV Industrial Area, Sahibabad, and SSGT Road. During Fiscal 2026, it sold its products across 7 states in India, including Uttar Pradesh, Jharkhand, Madhya Pradesh, and Karnataka. As of April 30, 2026, the company had 216 permanent employees.
Issue Objectives
- Funding of Capital expenditure towards Expansion of existing Manufacturing Facility situated at Plot No.18/31, Sahibabad, Ghaziabad, Uttar Pradesh
- Funding of Working Capital Requirements
- General corporate purposes
- Issue Expenses
Anchor Investors
Susan Electricals India IPO raises ₹19.34 crore from anchor investors. Susan Electricals India IPO Anchor bid date is June 10, 2026.
Reservation
| Category | Shares Offered | % |
|---|---|---|
| QIB | 25,39,000 | 49.94% |
| − Anchor Investor | 15,23,000 | 0% |
| − QIB (Ex. Anchor) | 10,16,000 | 0% |
| NII (HNI) | 7,65,000 | 15.05% |
| − bNII > ₹10L | 5,10,000 | 0% |
| − sNII < ₹10L | 2,55,000 | 0% |
| Retail | 17,80,000 | 35.01% |
| Market Maker | 4,58,000 | 0% |
- QIB49.9%
- − Anchor Investor0.0%
- − QIB (Ex. Anchor)0.0%
- NII (HNI)15.0%
- − bNII > ₹10L0.0%
- − sNII < ₹10L0.0%
- Retail35.0%
- Market Maker0.0%
Market Lot Size
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Individual investors (IND) (Min) | 2 | 2000 | ₹2,54,000 |
| Individual investors (IND) (Max) | 2 | 2000 | ₹2,54,000 |
| S-HNI (Min) | 3 | 3000 | ₹3,81,000 |
| S-HNI (Max) | 7 | 7000 | ₹8,89,000 |
| B-HNI (Min) | 8 | 8000 | ₹10,16,000 |
Financials (₹ Cr)
Valuations
EPS (Pre IPO)
11.70
EPS (Post IPO)
8.97
ROE
47.42%
P/E (Pre IPO)
10.85
P/E (Post IPO)
14.15
Price / Book
5.15
Market Cap
₹258.20 Cr.
Peers Comparison
| Company | P/E | ROE | Revenue |
|---|---|---|---|
| Systematic Industries Ltd. | 17.75 | ₹115.60 Cr | |
| Prime Cable Industries Ltd. | 15.6 | ₹40.04 Cr | |
| JD Cables Ltd. | 11.66 | ₹95.99 Cr | |
| Bhadora Industries Ltd. | 12.6 | ₹55.62 Cr |
Contact Details
Susan Electricals India Ltd. Address
- 1100010120-43312
- office@seil.net.in
- https://seil.net.in/
Registrar Contact Details
Link Intime India Pvt. Ltd.
- +91 22 4918 6270
- ipo.helpdesk@linkintime.co.in
- https://linkintime.co.in
- C-101, 247 Park, LBS Marg, Vikhroli West, Mumbai – 400083
Frequently Asked Questions
Key Dates
- Open Date
- 11 Jun 2026
- Close Date
- 15 Jun 2026
- Listing Date
- 18 Jun 2026
Issue Details
- Registrar
- Link Intime India
- Lead Manager(s)
- Exchange
- BSE